Rafferty Asset Management Boosts Stake in Glacier Bancorp

Institutional investor increases holding in regional bank by nearly 30%

Mar. 3, 2026 at 5:55am

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Rafferty Asset Management LLC, an institutional investor, has increased its stake in Glacier Bancorp, Inc. (NASDAQ:GBCI) by 29.9% in the 3rd quarter, according to a recent SEC filing. The firm now owns 139,078 shares of the bank's stock, worth approximately $6.8 million.

Why it matters

Glacier Bancorp is a regional bank holding company headquartered in Kalispell, Montana, with a presence across the western United States. The increase in Rafferty's stake suggests the institutional investor sees growth potential in the bank's business and geographic footprint.

The details

According to the 13F filing, Rafferty Asset Management purchased an additional 32,048 shares of Glacier Bancorp in the 3rd quarter, bringing its total holding to 139,078 shares. This represents a 29.9% increase in the firm's stake in the bank. Glacier Bancorp has a market capitalization of $5.96 billion and its stock trades on the Nasdaq exchange.

  • Rafferty Asset Management increased its stake in Glacier Bancorp in the 3rd quarter of 2026.

The players

Rafferty Asset Management LLC

An institutional investor and asset management firm.

Glacier Bancorp, Inc.

A bank holding company headquartered in Kalispell, Montana, serving communities across the western United States through its subsidiary Glacier Bank.

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The takeaway

The increase in Rafferty Asset Management's stake in Glacier Bancorp suggests the institutional investor sees growth potential in the regional bank's business and geographic footprint, which could signal positive momentum for the company.